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Average Property Purchase Price In Clare Down €28,000 In September

The average price paid to acquire a new or existing home in Clare fell by €28,000 in September.

The latest Residential Property Price Index shows there were just 45 homes purchased in this county over the month.

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The bulk of these transactions took place in Ennis, where 30 properties changed hands, according to the latest figures from the Central Statistics Office.

 

The average price of a new home in the town remain unchanged over the month at €345,000, but there was a significant dip in the sale price for second-hand homes, which dropped 10% to €270,000.

Just ten of the properties sold in Ennis in September went to first-time buyers, and only one of those was a new home.

No new homes were sold in Shannon that month and here there was a considerable rise in the price of second-hand homes, which soared 14.5% to €330,000.

Of the 5 homes sold in Shannon, 3 went to first-time buyers.

No new homes were sold in the Kilrush electoral area either, where ten second-hand properties were sold.

Here the average purchase price enjoyed a significant reduction, falling by over €65,000 to just over €217,000.

At the end of the month, the most common price paid for a home in Clare was just over €276,000, which is a drop of 11% since August.

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